_Economy and Finance

Lack of 'soul' has Docklands tenant ready to leave September 28, 2011 Jason Dowling ONE of Docklands' cornerstone corporate tenants has threatened to quit, saying infrequent public transport and a lack of ''charisma'' and ''soul'' puts it at risk of losing staff. http://www.theage.com.au/victoria/lack-of-soul-has-docklands-tenant-ready-to-leave-20110927-1kvgz.html

Roubini: U.S. in Throes of Economic Contraction By Liza Horowitz and Matt Winkler Most advanced economies are lapsing back into recession while the U.S. is already in the throes of an economic contraction, according to Nouriel Roubini, co- founder and chairman of Roubini Global Economics LLC.

Home prices climb for fourth straight month By Les Christie September 27, 2011: 10:47 AM ET NEW YORK (CNNMoney) -- Home prices in July climbed for the fourth month in a row, but are still down from a year ago.

The Nation’s Unemployment Landscape The recession and the slow recovery have reshaped the nation’s economic map, with the highest unemployment rates now found in the West and the South. Related Article » Sources: Bureau of Labor Statistics; Moody’s Analytics Correction: An earlier version of this graphic misstated the unemployment rate for Massachusetts in June 2009.

Slump Alters Jobless Map in U.S., With South Hit Hard By MICHAEL COOPER Published: September 26, 2011 When the unemployment rate rose in most states last month, it underscored the extent to which the deep recession, the anemic recovery and the lingering crisis of joblessness are beginning to reshape the nation’s economic map.

Deflation fears are back By Chris Isidore @CNNMoney September 26, 2011: 3:15 PM ET NEW YORK (CNNMoney) -- Suddenly, investors and some economists are worried about deflation once again.

ECONOMY SEPTEMBER 26, 2011 Europe Split on Rescue Plan World Urges Swift Action; Germany Opposes Expanded Bailout; Anxiety at IMF By SUDEEP REDDY,BOB DAVIS and MARCUS WALKER WASHINGTON—European officials are debating ways to boost the firepower of their financial-bailout fund after the world's finance ministers, worried about the potential for a market meltdown, ratcheted up pressure on euro-zone officials to act.

Related News: Real Estate, U.S. Purchases of New Homes in U.S. Probably Fell to Lowest Level in Six Months By Shobhana Chandra - Sep 25, 2011 08:01 PM Purchases of new houses in the U.S. probably declined in August to the lowest level in six months as buyers sought cheaper distressed properties, economists said before a report today.

El-Erian Sees Global Economy Slowing Next Year By Simon Kennedy, Rich Miller and Gabi Thesing - Sep 25, 2011 06:09 PM PT Pacific Investment Management Co., which runs the world’s biggest bond fund, is forecasting that advanced economies will stall over the next year as Europe slides into a recession, underscoring mounting investor concern about the global economic outlook.

EUROPE'S DEBT CRISIS Euro crisis: three perspectives By Ben Rooney September 25, 2011: 9:52 AM ET WASHINGTON D.C. (CNNMoney) -- George Soros, the billionaire hedge fund manager and philanthropist, warned Saturday that failing to resolve the sovereign debt crisis in Europe could lead to a "real meltdown" of the global financial system.

THE BUZZ The Fed needs a little help from its friends http://money.cnn.com/2011/09/21/news/economy/thebuzz/index.htm?iid=HP_River By Paul R. La Monica @CNNMoney September 21, 2011: 2:42 PM ET NEW YORK (CNNMoney) -- People like to use the metaphor "pushing on a string" to describe something that's ineffective. After all, you can pull a string. But you can't really push one.

Rising rents lessen the affordability of housing By Julie Schmit and Barbara Hansen, USA TODAY More renters found housing unaffordable last year as incomes declined, and more are likely to be squeezed this year, given rising rents.

How Italy can save itself http://money.cnn.com/2011/09/20/news/international/italy_downgrade.fortune/index.htm?iid=HP_Highlight By Cyrus Sanati, contributor @FortuneMagazine September 20, 2011: 10:14 AM ET FORTUNE -- The surprise downgrade of Italy's sovereign debt overnight by Standard and Poor's exposes the fatal flaws of pushing through draconian austerity measures on a nation experiencing economic weakness.

Greek default: What it would mean http://money.cnn.com/2011/09/19/news/international/greek_default/index.htm?iid=Lead By Chris Isidore @CNNMoney September 19, 2011: 4:45 PM ET NEW YORK (CNNMoney) -- Experts agree it's almost certain that Greece will not be able to pay all of its debts. But if the country does default, what happens next?

Hundreds of protesters descend to 'Occupy Wall Street' By Julianne Pepitone @CNNMoneyTech September 17, 2011: 7:07 PM ET NEW YORK (CNNMoney) -- Hundreds of demonstrators took to the streets of Manhattan's financial district on Saturday in a largely peaceful protest aimed at drawing attention to the role powerful financial interests played in wreaking havoc on America's economy.

IMF chief: Advanced economies crushed by debt http://money.cnn.com/2011/09/15/news/economy/world_debt_lagarde/index.htm?iid=HP_River By Jennifer Liberto @CNNMoney September 15, 2011: 10:26 AM ET WASHINGTON (CNNMoney) -- International Monetary Fund Managing Director Christine Lagarde sounded the alarm Thursday that global economies are in a "dangerous phase," in her first major speech in Washington since taking over as fund chief.

Europe's debt crisis: 5 things you need to know http://money.cnn.com/2011/09/08/markets/europe_debt_crisis_/index.htm?iid=HP_River By Ben Rooney September 14, 2011: 12:17 PM ET NEW YORK (CNNMoney) -- It's been about 18 months since the sovereign debt crisis in Europe began attracting attention in global financial circles.

The Daily Caller Newt Gingrich in debate: I’d fire Ben Bernanke as fed chairman Published: 10:15 PM 09/07/2011 Former House Speaker Newt Gingrich said he would fire Federal Reserve Chairman Ben Bernanke if elected president in 2012.

Roubini: Slowdown Brings Forward New Crisis By Scott Hamilton - Sep 06, 2011 08:28 AM Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC, said the current slowdown in the world economy has brought forward the timing of a new financial crisis.